Harrisburg, PA 17101 115 Locust Street

Turnkey Downtown Harrisburg Multi-family Investment Cap Rate: 10.46%+ Welcome to an exceptional income-producing opportunity in the heart of Downtown Harrisburgs thriving Riverfront district just steps from the Susquehanna River, restaurants, state offices, and entertainment. This unique property includes two fully detached single-family homes on one deed offering dual rental streams in one of the citys most walkable and high-demand areas. Property Highlights: Front Home: 5 bed / 2.5 bath | Est. Rent: $2,900/month or more Rear Home: 3 bed / 2 bath | Est. Rent: $2,100/month or more Total Monthly Rental Income: $5,000+ Estimated Monthly PITI Payment: $3,459 Estimated Monthly Cash Flow: $1,541+ Investment Snapshot: Annual Gross Income: $60,000 Estimated Annual Expenses (taxes, insurance, maintenance): $7,684 Estimated Net Operating Income (NOI): $52,316 Cap Rate: 10.46% (conservatively) | 11.25%+ with short-term rental conversion With positive cash flow, this is the kind of high-yield, low-risk asset investors chase and rarely find in such a prime location. Just a few blocks from Riverfront Park, City Island, the Capitol Complex, and the areas largest employers, appreciation potential here is as strong as the income stream. Live in one, rent the other or lease both for maximum ROI. Whether youre a first-time investor or building your portfolio, this is a rare chance to buy low and cash flow immediately in a city with long-term upside.